Firstlogic : Financial Results FY1Q 7/2022

Financial Results

FY 1Q 7/2022

FIRSTLOGIC,INC

https://www.firstlogic.co.jp

Corporate Vision

Creating the fair RE investment market

RE : Real Estate

Supporting	Creating	Improving
the RE investors	the sound RE industry	the information of RE

Providing them with	Promoting	Providing
the knowledge and latest information	fair transaction and legal compliance	the accurate price information
		to the market

1

Management Policy FY 7/2022

１．To expand No.1 market share to realize the vision

２．Target : 4,700 RE agencies using Property Listing Service that is SaaS model（※１）

３．To increase the number of employees to achieve management policy

4. To start developing the new paid services for Rakumachi users ( Project started on November 2021)

2

Overview

• Revenue and Operating profit exceeded the Earnings estimates

( 1Q Earnings estimates : Revenue 454 Operating profit 190 )

• Progress rate will improve from 2Q because of the cost reduction with the relocation project finished

	FY7/2021 1Q	FY7/2022 1Q		YonY	Earnings estimates	Progress rate
Revenue (unit : million yen)	409	466	+57	+13.9%	1,818	+25.6%
Operating profit (unit : million yen)	204	211	+7	+3.4%	919	+23.0%
Ordinary profit (unit : million yen)	204	211	+7	+3.5%	919	+23.0%
Net profit (unit : million yen)	134	139	+5	+3.4%	601	+23.2%

Revenue of Property Listing Service (unit : million yen)（※）

Ratio of Property Listing Service (unit : % )（※）

RE agencies using Property Listing Service (unit: number)（※）

Number of property listings (unit: thousand)

Number of users (unit: thousand)

Page views (unit: million)

201	218	+17	+8.3%	－	－
47	49	+2	-4.9%	－	－
4,294	4,315	+21	+0.5%	－	－
53	51	-2	-4.9%	－	－
222	278	+56	+24.8%	－	－
31	37	+6	+17.7%	－	－

※Property Listing Service is SaaS

3

Quarterly Trend of Revenue and Operating profit

• Revenue and Operating profit increased year to year basis despite of the relocation costs
• Number of hires is 8 people in 1Q

(unit : million yen)

Operating profit		Revenue		Operating profit ratio

500
450
400
350
300
250
200
150
100	60%	53%	54%				51%		52%	50%	49%					49%	53%	54%		48%	49%	56%	48%	54%	50%	52%	48%
					47%				45%	48%			45%
				43%	41%	43%		37%								39%
												29%
50
												16%
0	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q	4Q	FY1Q
	2015				2016				2017				2018				2019				2020				2021				2022

4